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HomeState PolicyThe Head of State On Liberalisation of the Economy
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border=0 The Head of State On Liberalisation of the Economy border=0
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border=0DOCUMENTS
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28.06.2010
Commentary to Decree No 331 of 25 June 2010
President Alexander Lukashenko has issued Decree No 331 on reorganisation of some republican unitary enterprises and on introduction of amendments and additions to Decree No 605 dated 10 November 2008.
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11.03.2010
Commentary to Decree 149 of 11 March 2010
Head of State Alexander Lukashenko has signed Decree No 149 "On Introducing Amendments and Alterations to Decrees of the President of the Republic of Belarus No 285 of 19 May 1999 and No 631 of 23 October 2006".
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05.03.2010
Commentary to Decree No 131
President Alexander Lukashenko signed Decree No 131 "On Holding an Experiment on Creating Bank-Managed Funds" to attract collective investment (funds of residents and non-residents of the Republic of Belarus) in the Belarusian economy.
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02.03.2010
Commentary to Ordinance No 4 of 1 March 2010
The President of the Republic of Belarus has issued Ordinance No 4 introducing amendments and additions to Presidential Ordinances No 9 of 20 December 2007 and No 1 of 28 January 2008.
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02.03.2010
Commentary to Ordinance No 3 of 1 March 2010
President Alexander Lukashenko has issued Ordinance No 3 "On Some Issues Concerning the Pledge of Property".
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06.08.2009
Commentary to Decree No 413 of 6 August 2009
President Alexander Lukashenko has signed Decree No 413 ‘On Providing Authority to Natural Persons and Legal Entities to Represent Interests of the Republic of Belarus in attracting Investment to the Republic of Belarus’.
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06.08.2009
Commentary to Ordinance No 10 of 6 August 2009
President Alexander Lukashenko has issued Ordinance No 10 ‘On Creating Additional Conditions for Investment Activities in the Republic of Belarus’.
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27.05.2009
Commentary to Decree No 262 of 26 May 2009
President Alexander Lukashenko has signed Decree No 262 ‘On Some Issues Regarding the Placing by Foreign Organisations of Cash in Banks of the Republic of Belarus’.
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25.11.2008
President Holds Meeting With Top Executives And Senior Officials of the Vitebsk Region
On 25 November, in the course of a meeting with the top executives and senior officials of the Vitebsk Region, President Alexander Lukashenko stressed the need for liberalising all spheres of life in Belarus. ‘We should liberate a man, liberalise our life, make it freer for a man’, said the Head of State. ‘It is very important in today’s situation’, he added. When Belarus faced grave problems (in the mid-1990s and at the time of Russia’s default in 1998), such decisions were taken that were making economic relations freer, said Alexander Lukashenko. According to him, there is a need to provide more room to act in the economy ‘so that people can act faster and freer, so that nothing fetters them’.
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13.01.2009
President Visits Belkommunmash Company
While visiting the Belkommunmash company, President of the Republic of Belarus Alexander Lukashenko said that, taking into account today’s conditions in Belarus, there is a need to give companies more freedom to act.
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19.12.2008
Commentary to Decree No 689 of 19 December 2008
On 19 December President of the Republic of Belarus Alexander Lukashenko signed Decree No 689 “On Some Measures to Improve the Control and Supervision Activities in the Republic of Belarus”.
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03.12.2008
Commentary to Decree No 660 of 2 December 2008
On 2 December President of the Republic of Belarus signed Decree No 660 introducing amendments and additions to Decree No 460 “On Measures of State Regulation of Import and Export of Specific Goods (Works, Services)” of 17 July 2006.
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23.01.2009
Commentary to Decree No 53 of 23 January 2009
The President of the Republic of Belarus has signed Decree No 53 on simplifying the taxation system in Belarus.
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16.01.2009
Commentary to Ordinance No 1 of 16 January 2009
The President of the Republic of Belarus has signed Ordinance No 1 which brings the declarative principle of business registration into full force as from 1 February 2009. The principle shall be applicable to all businesses with the exception of banks and non-bank financial institutions.
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Commentary to Decree No 262 of 26 May 200927.05.2009

On 26 May President Alexander Lukashenko signed Decree No 262 ‘On Some Issues Regarding the Placing by Foreign Organisations of Cash in Banks of the Republic of Belarus’.

The main purposes of the Decree are to liberalise the tax legislation and simplify for foreign investors the procedure of deploying cash.

The Decree eliminates the procedures that used to accompany the process of deployment by foreign nonresident organisations of cash in Belarusian banks on deposit accounts.

Specifically, foreign organisations no longer have to register with the local tax bodies when opening such bank accounts, neither have they to submit tax declarations. The bank where such an account is opened is obliged to inform, within one bank day, the tax body where it is registered on the opening (closing) of a deposit account by these organisations, as well as to submit to this body a tax declaration on paying returns on such deposits to the foreign organisation.

The adoption of this Decree marks another step toward liberalisation of economic life in Belarus.